Outlook 07/22: Stock futures are little changed after SP500 posts another record high. Given the recent rally in stocks, investors are watching for how far the market can run, with some commenting that valuations already appear stretched. Markets may have rallied too far, too fast. After dipping after ‘liberation day’ to 4980, the SP500 bounced back sharply, in fact the recovery has been the fastest in nearly 50 years. It seems much of the good news appears to be priced in, leaving little margin for error. Investors are turning to a big week for second-quarter financial results. Google parent Alphabet and Tesla will report Wednesday, kicking off highly anticipated results from the “Mag 7”.
ESU25 (SEP2025): YVAH 6373 YPOC 6369 YVAL 6349 GAP 6348
/ES Plan: Yesterday market closed bearish, but overnight looks balanced, still moving below previous value, so these're the opening and initial balance options for current session:
